Office for Budget Responsibility

According to the Office for Budget Responsibility (OBR) Britain must bring millions more immigrants into the UK to sustain our ageing population. As the Telegraph reports it, the OBR study… Continue reading

The number of people in work in December to February was 29.698 million — lower than last month’s 29.732 million and representing a very slight 2,000 quarter-on-quarter fall — according… Continue reading

Today’s letter from the Office of Budget Responsibility pointing out to David Cameron that the OBR’s growth forecasts have taken into account the effect of austerity on growth is embarrassing… Continue reading

‘We’ve done quite a good job at demonstrating the limitations of economic forecasting,’ half-joked Office for Budget Responsibility Chairman Robert Chote at the start of his Treasury Select Committee appearance… Continue reading

The Institute for Fiscal Studies has today published its attempt to predict what the OBR forecasts will show when they’re released as George Osborne sits down after delivering his Autumn… Continue reading

Some generalisations hold good. Young people, for instance, tend to be less hostile to immigration than their elders. This speaks well of their decency but also, as today’s report form… Continue reading

Remember when Europe’s leaders were basically saying, ‘Don’t worry, it’s all sorted’? Remember when they were putting out communiqués that started ‘The euro continues to rest on solid fundamentals’? No… Continue reading

As promised earlier, here’s my more detailed supplementary take on today’s IFS Green Budget. I’ve distilled it down into six points, but obviously there’s much, much more in the actual… Continue reading

While the debate over Europe rumbles on, it’s worth highlighting one bright spot in the OBR’s recent document of doom which has largely slipped past Westminster’s radar: by their forecasts,… Continue reading

The real story, as everyone expected, wasn’t in the Pre-Budget Report ‘Green Book’ — but in the supplementary document produced by the Office for Budgetary Responsibility. Growth forecasts have taken… Continue reading